Jul 31, 2012

US Economy: First-Half Growth

The first-half growth rate looks set to come in closer to 1.5 percent at best, even below 2011's dismal 1.7 percent. - in Project Syndicate

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 27, 2012

US GDP Grew At A Pathetically Mediocre Rate

GDP grew at a pathetically mediocre rate of 1.5% in Q2; final sales even worse at 1.2%. Q3 now looks worse than Q2. US is at stall speed. - in Roubini`s Official Twitter page 


Related: SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Emerging Markets (ETF) (EEM)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 25, 2012

UPS Missed Earnings. Fedex Will Probably Miss Too.

UPS missed too. I bet Fedex misses too on global growth slump and stall.  - in Roubini`s Official Twitter


Related: Fedex (FDX), United Parcel Service, Inc.(NYSE:UPS)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 24, 2012

The Consensus Got It Wrong

Even this year, the consensus got it wrong, expecting a recovery to annual GDP growth of better than 3 percent.

And now, after getting the first half of 2012 wrong, many are repeating the fairy tale that a combination of lower oil prices, rising auto sales, recovering house prices, and a resurgence of U.S. manufacturing will boost growth in the second half of the year and fuel above-potential growth by 2013. - in Yahoo Finance

Related: SPDR SP 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF, iShares MSCI Emerging Markets (ETF) (EEM)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

The Consensus Has Been That The US Economy Was On The Verge Of A Self-Sustaining Recovery

For the last three years, the consensus has been that the U.S. economy was on the verge of a robust and self-sustaining recovery that would restore above-potential growth. - in Project Syndicate

Related: SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Emerging Markets (ETF) (EEM)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 23, 2012

The Endgame Of Eurozone Is Starting

Endgame of EZ is starting: Greece will exit by 2013 while Italy & Spain will need a Troika program after half-baked attempts by ECB to help. - in Roubini`s Official Twitter

Related ETFs: iShares MSCI Italy Index ETF (EWI), iShares MSCI Spain Index (ETF)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 20, 2012

Growth In Earnings And Profits Is Now Running Out Of Steam

The gravity of weaker growth will most likely overcome the levitational effect on equity prices from more quantitative easing, particularly given that equity valuations today are not as depressed as they were in 2009 or 2010. Indeed, growth in earnings and profits is now running out of steam, as the effect of weak demand on top-line revenues takes a toll on bottom-line margins and profitability. - in Project Syndicate

Related ETFs: SPDR SP 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (DIA) 

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 19, 2012

Reuters Video Interview, July 2012



Nouriel Roubini, the NYU economist nicknamed "Doctor Doom" for his prediction of the 2008 financial crisis, believes that events are again turning against the global economy. (July 18, 2012)


Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 18, 2012

Federal Reserve Unconventional Policy Options

Unconventional policy could include targeting the 10-year Treasury at 1 percent, doing credit easing rather than quantitative easing, targeting nominal GDP, price-level targeting and lots of stuff that is more esoteric. Eventually if everything goes wrong, they can even buy equities." - in Reuters

Related ETFs: Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

People Are Being Cheered By More QE

There might be a weak rally because people are being cheered by more quantitative easing by (Chairman Ben) Bernanke and the Fed, but if the economy is weakening, that is going to put downward pressure on earnings growth. - in Business Insider 

Related: SPDR S&P 500 Index ETF (SPY), iShares MSCI Emerging Markets (ETF) (EEM), SPDR Dow Jones Industrial Average ETF (DIA)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 17, 2012

Consumer Confidence In A Funk As Job Market Falters

Retail sales fell in June even more than in May. Consumer confidence in a funk as job market falters. US headed to stall speed even before cliff. - in MoneyNews.com

Related: SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Emerging Markets (ETF) (EEM)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 16, 2012

US Economy At Stall Speed

Q3 growth could be well below 1 percent given June sales report and unintended inventory build up. US at stall speed. - in Roubini`s Official Twitter 

Related: SPDR S&P 500 Index ETF (SPY)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Inflation & Deflation Risks

Indeed inflation expectations are very low: rather greater risk of deflation. - in Roubini`s Official Twitter

Related: SPDR Gold Trust (ETF) (GLD), iShares Lehman 7-10 Yr Treas. Bond (ETF)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 14, 2012

Emerging Markets Are Slowing Down

The other emerging markets are all sharply slowing down in terms of growth–the BRICs, China, Russia, India, Brazil, and also Mexico, Turkey. Partly it’s because there’s a recession in the Eurozone and UK, partly it’s because they’re not doing their reforms. - in Bloomberg

Related: iShares MSCI Emerging Markets (ETF) (EEM), Market Vectors Russia ETF (RSX), iShares MSCI Brazil Index (ETF) (NYSE:EWZ)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 13, 2012

US Economy Close To Stall Speed

The US looks close to stall-speed and a recession, given the latest economic data. - in Bloomberg

Related: SPDR S&P 500 Index ETF (SPY)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Kicking The Can Down The Road Is Going To Run Out Of Steam

By 2013, the ability of policy makers to kick the can down the road is going to run out of steam. - in The Financial Post

Related: iShares MSCI Italy Index ETF (EWI), iShares MSCI Spain Index (ETF), iShares Germany ETF (EWG), iShares MSCI Emerging Markets ETF (EEM)

 Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 11, 2012

Policy Easing Can Only Temporarily Lift Asset Prices

Global policy makers are running out of rabbits to pull out of the hat. Levitational force of policy easing can only temporarily lift asset prices as gravitational forces of weaker fundamentals dominate over time. - in Mercopress

Related: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (SPY)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 10, 2012

Bloomberg Video: 2013 `Storm' May Surpass 2008 Crisis


Watch video here: Bloomberg Video: 2013 `Storm' May Surpass 2008 Crisis

July 7 (Bloomberg) -- New York University Professor Nouriel Roubini discusses "greedy" bankers, the euro-zone crisis and risks facing the global economy in 2013. He speaks in Aix-en-Provence, France, with Bloomberg Television's Caroline Connan. (Source: Bloomberg)

Jul 9, 2012

The 2013 Perfect Storm

The 2013 perfect storm scenario I wrote on months ago is unfolding. - in Twitter

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 6, 2012

US Economy: Recession Risks Rising

Another - third in a row - dismal job report. Only 80,000 jobs added in June. US economy headed to a stall speed. Recession risk rising. - in Roubini`s Official Twitter

Related: SPDR S&P 500 Index ETF (SPY)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 5, 2012

ECB Deposit Rates Could Go Negative In The Future

ECB brings deposit rate to 0%. But it could in the future push it to a negative rate to induce banks not to hoard excess reserves at the ECB. - in Nouriel`s Official Twitter

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.

Jul 2, 2012

US Economy At Stall Speed

ISM index sharply fell to 49.7 last month from 53.5 in May. First time manufacturing contracted since July 2009. US economy at stall speed. - in Roubini`s Official Twitter

Related ETFs: SPDR SP 500 ETF (NYSE:SPY), iShares MSCI Emerging Markets (ETF) (EEM),

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.